Goldviewfx

GoldViewFX - Gold Route Map for the week!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Please see our updated 1h chart levels and targets.

We have 1920 Goldturn resistance target open for a test. We will need to see 1920 break and lock to open the range above.

We also have the retracement zone between 1910 - 1902 that may require a correctional re-test.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1920

EMA5 CROSS AND LOCK ABOVE 1920 WILL OPEN THE FOLLOWING BULLISH TARGET
1930
1943

BEARISH TARGETS
1910 -
1901 -

EMA5 CROSS AND LOCK BELOW 1901 WILL OPEN THE SWING RANGE

SWING RANGE
1888 - 1882

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

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